Mezo Prime is intended for businesses that own Bitcoin but have few ways to use it. Bitcoin kept in an Enclave may be used as collateral to borrow MUSD, Mezo’s stablecoin backed by Bitcoin, or locked as veBTC to earn protocol fees. Mezo Prime, a product intended to provide institutional investors and corporate treasuries access to
On Monday, the Crypto Fear & Greed Sentiment Index hit 47, marking its first “Neutral” reading in three months. According to Farside, the Fidelity Wise Origin Bitcoin Fund (FBTC) was the main culprit on Monday, losing $150 million. On Monday, when Bitcoin fell below $77,000, exchange-traded funds (ETFs) listed in the United States had their
Anyone may verify Block’s holdings independently using on-chain signatures, according to Block. Even though they are the largest corporation in the world holding Bitcoin, Strategy has yet to provide a proof-of-reserve. Coincident with the increasing number of cryptocurrency firms demonstrating their holdings onchain, online payment provider Block has introduced proof-of-reserves for its corporate Bitcoin treasury
The cryptocurrency market leader is poised for its greatest monthly performance in a year, with a 13.6% increase in April. With an additional $5 billion in the last two weeks, the supply of Tether’s USDT, the biggest and most popular stablecoin, has risen to little under $150 billion. Following a week in which Bitcoin touched
The most recent consistent influx of funds has turned the tide for 2026, with a total net inflow of $58.23 billion. For spot Bitcoin (BTC) exchange-traded funds (ETFs), this nine-day run in April is the first since October, when inflows skyrocketed. As investor confidence in Bitcoin continues to rise, exchange-traded funds (ETFs) in the United
At the same time, spot Bitcoin exchange-traded funds (ETFs) continue to see interest, with $1.9 billion flowing into these financial vehicles over the last seven days. From roughly 675,000 BTC at the beginning of January, Binance’s Bitcoin supply has fallen to around 618,300 BTC. Buying pressure for Bitcoin (BTC) increased throughout Wednesday’s New York trading session,
Bitcoin’s price rose beyond $77,500 due to increased holdings by Strategy and positive optimism in the financial markets. According to CMC data, bitcoin has risen to $77,985, a substantial surge, indicating that the crypto market is exhibiting indications of strength on Tuesday. The current price range for Bitcoin is between $74,000 to $78,000. Early this month,
Like a few others, Strategy’s most recent purchase has been mostly funded via Stretch (STRC), the firm’s perpetual preferred security. Strategy purchased 34,164 Bitcoin for $2.54 billion between April 13 and 19, according to an 8-K filing the business made with the US SEC on Monday. Michael Saylor’s Strategy, the largest public Bitcoin holder globally, has
The week’s best single-day result came on Friday, with inflows of $663.9 million. In response to the announcement, Bitcoin’s value soared over $78,000, while the price of Brent oil dropped over 10% to about $85/bbl. As investor focus moves to riskier assets, spot Bitcoin exchange-traded funds (ETFs) saw net inflows of over $1 billion last
On April 8, Morgan Stanley’s spot Bitcoin ETF product debuted with a fee of 0.14%, which was one basis point lower than Grayscale’s Bitcoin Mini Trust ETF (BTC). The amount has already surpassed the entire net inflow of $86 million that WisdomTree Bitcoin Fund (WBTC) had been gathering from its start in January 2024. Despite only